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Union Bank of India is currently trading at Rs. 79.80, up by 2.17 points or 2.80% from its previous closing of Rs. 77.63 on the BSE.

The scrip opened at Rs. 77.66 and has touched a high and low of Rs. 80.00 and Rs. 77.66 respectively. So far 744616 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.40 on 14-Dec-2022 and a 52 week low of Rs. 34.55 on 06-Jul-2022.

Last one week high and low of the scrip stood at Rs. 80.00 and Rs. 70.70 respectively. The current market cap of the company is Rs. 54500.28 crore.

The promoters holding in the company stood at 83.49%, while Institutions and Non-Institutions held 9.95% and 6.56% respectively.

Union Bank of India has introduced Mahila Samman Saving Certificate (MSSC), 2023 Scheme across its Branches PAN India on June 30, 2023. Till now Bank has mobilized Rs 17.58 crore in 5,653 MSSC beneficiary accounts. MSSC, 2023 is a flagship small saving scheme of the Ministry of Finance, launched by Finance Minister for Women and Girls during the Budget speech FY 2023-2024 on February 1, 2023. 

Under the scheme, individual girls or women can open a Mahila Samman Savings Certificate, or a guardian can open an account on behalf of a minor girl. Deposits made under this scheme will earn an attractive interest rate of 7.5% per annum and that will be compounded quarterly. All earnings under the Mahila Samman Savings Certificate will be taxable as per existing income tax provisions. However, TDS (Tax Deducted at Source) will not be deducted under the scheme. 

Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections.